(IT-NEWSWIRE.COM, March 15, 2019 ) Accounting software is a computer software that helps bookkeepers and accountants to manage accounts and execute accounting operations of an organization in a productive and efficient manner. This software records and processes accounting transactions within certain functional modules such as account payable, account receivable, general ledger, payroll, and trial balance.
Integration of business accounting software with big data and introduction of optical character recognition are the major drivers which help in surging the growth of accounting software market whereas its cost and implementation of the package act as a restraining factor for this market. Business accounting mobile applications will add new opportunities for this market in the coming years.
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The "Global Accounting Software Market Analysis to 2025" is a specialized and in-depth study of the accounting software industry with a focus on the global market trend. The report aims to provide an overview of global accounting software market with detailed market segmentation by deployment model, type, organization size, application and geography. The global accounting software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Top Companies profiled in Accounting Software Market are SAP SE, Oracle Corporation, The Sage Group Plc, Intuit Inc., Microsoft Corporation, ADP, LLC, Infor, FinancialForce, Paychex Inc. and Deltek, Inc. among others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global accounting software market based on deployment model, type, organization size and application. It also provides market size and forecast till 2025 for overall accounting software market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
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Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key accounting software market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Accounting Software Market
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- The key findings and recommendations highlight crucial progressive industry trends in the Accounting Software Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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